Subartic Survival - Answer--As an individual they would've not survived, but with a team they survived
-1+1 to be greater than 2
Moral of the Story
-Don't crash!
-Synergy-- the breakfast of champions
-team decisions-- generally better than an individual
-If you stay away from the yellow sn...
MAN320f Final Exam Questions and
Answers
CASES - Answer-
Subartic Survival - Answer--As an individual they would've not survived, but with a team
they survived
-1+1 to be greater than 2
Moral of the Story
-Don't crash!
-Synergy-- the breakfast of champions
-team decisions-- generally better than an individual
-If you stay away from the yellow snow you don't need the water purification tablets
-Teams that work together synergistically can produce extraordinary results
Subartic Survival Situation
-Synergistic decision making is based on the premise that: 1+1=3
-People are supportive of one another, and
-They follow a rational sequence of activities in dealing with a problem
-They can perform beyond the sum of their individual resources
The Interpersonal Process
-Listening to others
-Supporting their efforts to do well
-Differing with others when necessary in a manner that is constructive rather than
defensive
-Participating EQUALLY in group discussions
Listening
-Objectively weigh what has been said
-Try to understand contributions from the speaker's point of view
-Periodically review and summarize what has been stated
Participating
-Ensure that ALL members feel comfortable enough to express their ideas
The Rational Process
-Analyze the situation
-Identify objectives of goals
-Simplify the problem
-Consider alternative strategies
-Discuss adverse consequences
, Moral of the story
-In general, groups will make better decisions than individuals
Conflict on a Trading Floor - Answer-Did the protagonist miss any reasons why he
should or should not send the fax?
-potentially illegal
What are the stakes for each option?
-loose job
-earn a lot of money
How will Linda react to each option?
How does the 40,000 bonus effect your decision?
Protagonist gave 4 reasons for sending and not sending the fax but is missing one
important reason
-Linda has an ethical obligation to keep her transactions honest
-Some items you might not have thought of
*Linda has set you up perfectly as a scapegoat
*There is too much money and the deal is too big not to go through
*Peter seems useless as amateur, the senior VP is too high for you to approach
The truth
-At some point, you have to stop covering your own hide and start thinking about the
$12 million fee. Six times higher than normal
-Is this theft, in an ethical sense (as opposed to a legal sense)?
Of course it's theft
-If Poseidon calls someone else for rates, the truth will unfold
-Eventually FirstAmerica will be caught
-The company will be sued and everyone involved int he deal will loose their job
-Not to mention the loss of reputation
"To this day, I regret not having taken action"
-You can rationalize all you want but you are still misleading the client
-As in Enron, WorldCom or even the Holocaust
*Everyone sees the wrong being committed but no one does anything
-Linda's are everywhere--you don't have to be sleazy to get ahead
Fundamental Law #2:
When placed in a most difficult situation, most people will follow the path of LEAST
RESISTANCE
The Army Crew Team - Answer-Four choices:
1. Replace the V team with the JV team
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